Helsing, the European AI defence technology company, has announced its €600 million Series D funding round.

The round was led by Prima Materia, alongside existing investors Lightspeed Ventures, Accel, Plural, General Catalyst and SAAB and new investors BDT & MSD Partners.

“As Europe rapidly strengthens its defence capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy and security readiness,” said Daniel Ek, founder of Prima Materia and chairman of Helsing.

“Helsing is uniquely positioned with its AI leadership to deliver these critical capabilities in all-domain defence innovation.

“By doubling down on our investment, Prima Materia reaffirms its commitment to empowering Europe’s technological sovereignty — an ambition Helsing perfectly embodies.”

Today’s announcement follows Helsing’s Series C funding of €450 million in July 2024, involving General Catalyst, Elad Gil, Accel, Saab, Lightspeed Ventures, Plural and Greenoaks.

The financing round is subject to certain approvals.